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Actuant to sell Gardner Bender and other brands in its Electrical segment

June 5, 2013
Actuant Corp., Milwaukee, plans to divest its Electrical segment, which  serves the wholesale electrical  retail do-it-yourself, marine, industrial OEM markets with products under the Gardner Bender, Marinco, Mastervolt, Acme and Turner Electric brand names. In 2012, this segment had sales of approximately $325 million. It employs approximately 1,000 and operates from six locations across the globe with its headquarters in Menomonee Falls, Wis. Details